EA's got cash to FUT Coins spare.EA entered calendar 2021 with lots of cash to reinvest or obtain top-notch studios like Glu to extend its dominance in the gaming market.The company made $1.9 billion in free cash flow over the previous four quarters. That's on top of the $6.7 billion in cash and short-term investments on the balance sheet at the end of 2020.

The Codemasters price is expected to close this month, while Glu Mobile must shut throughout the June-ending quarter. Even after both of these prices are total, EA will nonetheless have a couple billion bucks' worth of money on the balance sheet with almost $2 billion in free cash flow coming from every year.The addition of Glu Mobile will jumpstart EA's growth in a cell market that climbed an estimated 25 percent last year, reaching $86 billion in global revenue, based on Newzoo.In brief, this purchase is a significant update for Electronic Arts' mobile game industry, which is the reason why the stock surged to a new high on the news.

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